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Weibo (HKSE:09898) Days Sales Outstanding : 90.91 (As of Sep. 2023)


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What is Weibo Days Sales Outstanding?

Weibo's average Accounts Receivable for the three months ended in Sep. 2023 was HK$3,448 Mil. Weibo's Revenue for the three months ended in Sep. 2023 was HK$3,461 Mil. Hence, Weibo's Days Sales Outstanding for the three months ended in Sep. 2023 was 90.91.

The historical rank and industry rank for Weibo's Days Sales Outstanding or its related term are showing as below:

HKSE:09898' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.41   Med: 86.61   Max: 121.8
Current: 98.34

During the past 12 years, Weibo's highest Days Sales Outstanding was 121.80. The lowest was 45.41. And the median was 86.61.

HKSE:09898's Days Sales Outstanding is ranked worse than
84.12% of 573 companies
in the Interactive Media industry
Industry Median: 45.54 vs HKSE:09898: 98.34

Weibo's Days Sales Outstanding declined from Sep. 2022 (101.38) to Sep. 2023 (90.91).


Weibo Days Sales Outstanding Historical Data

The historical data trend for Weibo's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Weibo Days Sales Outstanding Chart

Weibo Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.24 81.81 99.04 98.01 121.92

Weibo Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 101.38 101.36 107.60 95.87 90.91

Competitive Comparison of Weibo's Days Sales Outstanding

For the Internet Content & Information subindustry, Weibo's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Weibo's Days Sales Outstanding Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Weibo's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Weibo's Days Sales Outstanding falls into.



Weibo Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Weibo's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (5639.371 + 3911.72) / 2 ) / 14296.579*365
=4775.5455 / 14296.579*365
=121.92

Weibo's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (3498.641 + 3398.109) / 2 ) / 3461.379*365 / 4
=3448.375 / 3461.379*365 / 4
=90.91

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Weibo  (HKSE:09898) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Weibo Days Sales Outstanding Related Terms

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Weibo (HKSE:09898) Business Description

Address
No. 8 Xinyuan S. Road, 8th Floor, QIHAO Plaza, Chaoyang District, Beijing, CHN, 100027
Weibo Corp is a China-based company mainly engaged in the social media advertising business for people to create, discover and distribute content. The Company's activities include Advertising and Marketing, which mainly provides a full range of advertising customization and marketing solutions. The Value-added Services mainly provide services such as membership services on social platforms, online games, live broadcasts, social e-commerce, and others. The Company's main product is the social platform Weibo.

Weibo (HKSE:09898) Headlines

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